Posts Tagged 'edison'

When the light bulb went on

I had completely missed the implication of the second half of the statement, when Edison said, “I have not failed. I’ve just found 10,000 ways that won’t work”, until it struck me today. He had not done random experiments, he had done controlled and well-thought out experiments and figured out what works and what does not. That is the genius!

Many of us try mindlessly several times to do things, invest our time on building markets, converting customers, but doing it in a scientific manner, where even the fact that you failed adds to your knowledge and improves your chances of success is more important. Being flexible and open to the fact that your method or business model or idea is not perfect and that one needs to figure out a way of making it happen step by step thought out manner is a very interesting observation in entrepreneurship.

What do you think? Are we at least partially scientific in the way we try to get through our lives, in relationships that don’t work, with colleagues/bosses who we don’t get through to, with customers who don’t respond and new products that we try to launch in markets unexplored? How can we do better?

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